American Express Gold

See all the benefits of this credit card, keep reading to learn more about it!

American Express Gold is a card made for people who are looking for a card that provides them: rich benefits for foodies, annual dining credit, rewards at restaurants and U.S. supermarkets, and among other perks.

Also, this card comes with travel protections and other types of credits.

The main benefits and perks of this credit card

• Welcome offer.
• $100 resort credit.
• Bonus rewards on dining, supermarkets, and certain travel.
• Flexible reward redemptions.
• $120 Dining credit.
• No foreign transaction fees.
• Up to $120 a year in Uber cash.
• 4 membership rewards.
• $100 resort credit.
• 4 points on U.S. supermarket on up to $25,000 per year in purchases.
• 3 points on flights booked directly with airlines or on amextravel.com.

More about the card:

• Annual fee: $250.
• Credit card brand: American Express.
• International credit card: Yes.
• Interest rate: 15.99% to 22.99% (variable).
• Pros

• Points don’t expire;
• No blackout dates;
• Reedem points for gift cards, shopping, travel, entertainment, merchadise, or charity.
• Cons

• High annual fee;
• No trip insurance;
• High APR for pay overtime feature.

Is American Express Gold for you?

Probably. This card is for people who don’t mind paying for a high annual fee, although it provides a bunch of rewards, so you will have to get the maximum possible rewards you can, so you can make up for the $250 annual fee.

So, it is important considering the fee that you will have to pay every year.

How to earn points?

There are many ways to earn points, see below:

• 60,000 points, after you spend $4,000 on eligible purchases with your new Card within the first 6 months
• 3 points on flights booked directly with the airline or with Amex Travel.
• 4 points at U.S. supermarkets (on up to $25,000 in spending per calendar year; then 1 point)
• 1 point everywhere else.

Is it worth keeping it?

Yes, it is. The card offers one of the best rewards rates you can find on U.S purchases but has a high annual fee.

So, if you spend a lot of on groceries, supermarkets, and dining, this card might be a good option for you.

In other words, you should make use of the card’s annual credits so you will make up for the $250 annual fee.